S&R Associates is set to start up its greenfield Mumbai operations with Delhi-based co-founding partner Sandip Bhagat relocating full-time to the Mumbai to service existing clients and to build a full-service practice.

Luthra & Luthra and S&R Associates acted as Indian counsel in Indian mining company Sterlite Industries’ $1.5bn (Rs 7,200 crore) equity fundraising, with Latham & Watkins and Shearman & Sterling handling the international advice.